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Car sales down for 2nd year running; job loss pegged at 1.5 lakh

Last Updated: Friday, April 11, 2014, 10:54

According to data released by the Society of Indian Automobile Manufacturers (SIAM), domestic car sales in FY14 stood at 17,86,899 units as compared to 18,74,055 units in the previous fiscal.

Toyota plants in India still shut despite return of a few workers

Last Updated: Saturday, April 05, 2014, 15:40

The India Unit of Toyota Motor Corp temporarily closed the plants where some workers had stopped production lines to protest a delay in salary hikes after 10 months of negotiations.

Blackstone to buy US auto parts firm Gates for $5.4 bn

Last Updated: Saturday, April 05, 2014, 04:01

Investment fund Blackstone said Friday it will buy US auto parts maker Gates Corporation for USD 5.4 billion from its Canadian owners.

Toyota stand off continues, union launches fast

Last Updated: Thursday, April 03, 2014, 22:37

As stand-off between employees and management of Toyota Kirloskar Motor over the lockout of two plants at Bidadi near here continues, employees union has begun indefinite day and night fast, while the company has called this action "regrettable".

Tata Motors forays into the Philippines automotive market

Last Updated: Thursday, April 03, 2014, 19:06

Tata Motors has showcased an exciting range of passenger and commercial vehicles at the Manila International Auto Show.

Bajaj Auto bike sales up marginally in March

Last Updated: Wednesday, April 02, 2014, 12:49

Bajaj Auto on Wednesday reported 1.33 percent increase in motorcycle sales at 2,70,591 units in March 2014.

Car sales revive marginally in March on excise duty cut

Last Updated: Tuesday, April 01, 2014, 22:47

Hyundai Motor India Ltd's (HMIL) domestic sales rose by 3.38 percent to 35,003 units from 33,858 units in March, 2013.

Toyota to spend $3.5 bn on share buy-back

Last Updated: Wednesday, March 26, 2014, 18:20

Toyota is to buy back as much as 1.89 percent of its shares for 360 billion yen (USD 3.5 billion), raiding a growing corporate cash chest for the first time in five years, the Japanese carmaker said Wednesday.

Audi to start selling premium A3 Sedan in India from mid-2014

Last Updated: Sunday, March 23, 2014, 15:13

The sale of A3 Sedan has started in only a few countries in Europe. It will be launched in the US next month.

Datsun not to go for cross-badging with Renault

Last Updated: Thursday, March 20, 2014, 15:43

Datsun, a brand owned by Japan's Nissan Motor Company, would not go for cross-badging of its models with its alliance partner Renault.

Toyota suspends workers at India plants over unrest

Last Updated: Thursday, March 20, 2014, 13:26

Toyota has suspended 17 workers at its Indian auto assembly plants which were temporarily closed this week following protests against delayed pay rises, a union and company official said Thursday.

German student molested, robbed in Delhi

Last Updated: Saturday, March 15, 2014, 00:41

A 23-year-old management student from Germany was molested and robbed by two auto-rickshaw drivers here last week, police said Friday.